I just closed on a condo. My realtor is recommending that I go with a mechanical inspection only instead of a full inspection since the seller wouldn't be responsible for any exterior repairs anyways. This unit does n...
I am a newbie in a hot market. I don't feel like I have the connections or credentials to find "good" off market deals yet. I have some friends that flip and we've already spoken about doing a project in the near futu...
Hi!I live in Maryland and have family that may be installing a sump pump/interior drain system in their unfinished cinder block foundation basement. The house was built in 1968. I know nothing about this trade of co...
I'm buying a duplex this week, which happens to be a killer deal. Lots of square feet, little cost... good cashflow projections etc. The duplex is floor by floor (as opposed to side by side). The first floor unit is l...
I'm looking at a smaller deal where the financial statements are not well-specified. It's a mom + pop owner-operator situation.For instance, it looks like they may have put large capex expenses under "repairs." I see ...
Here is the property I am purchasing in Santa Fe, New Mexico:https://www.biggerpockets.com/calculators/shared/5...The asking price was 340k contingent on inspection. I have already done 1. inspection, 2 sewer scoping....
I've had two recent issues with break-ins and attempted break-ins within the last month at my triplex. My initial setup was a deadbolt and handle setup. In the break-in, the deadbolt was left unlocked and a student-te...
Hey guys, I'm fairly new here so if this is not the appropriate forum, forgive me. I'm interested in hearing your ideas on what improvements you'd recommend for the exterior of this 4plex to improve curb appeal. This ...
Hello all,
I'm curious to know some of the pros and cons of investing in a condo. I dont have a strong understanding on "delinquent condo fees" and how that plays a factor in investing in a condo. I understand that ...
Hey everyone!
I have a 12 unit value add deal under contract. This is my first step up to real multi family. I currently have duplexes and single family rentals.
About the deal:
725K purchase price
108K gross rent
...